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English 65
Search Results 0 to 49 of about 65 (some duplicates have been removed)
MSNBC
Oct 5, 2012 2:00pm PDT
of general electric, jack welch, who joins us right now. jack, you made a lot of news today. here is the tweet you put out this morning. unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. and i'm just wondering, i understand the way it works is the president gets a heads-up on the unemployment number 4:00 the day before and has to keep it to himself. you're saying in your tweet this morning that the news went the other way, that the people working for the president somehow got the bls, the bureau of labor statistics, and played with the numbers so it would come down below 8% today. how does it work from your perspective? what happened here? >> well, chris, all i can talk about are some of the numbers. we had 600,000 government jobs added in the last two months. we had 873,000 jobs by a household survey, which is a total estimate from 50,000 phone calls. of those 600,000 were temporary workers. chris, these numbers are all a series of assumptions, tons of assumptions, and it just seems somewhat coincidental that the month before the elec
CNBC
Oct 5, 2012 7:00pm EDT
, i think they'll be l. >> hey, larry, huge interview tonight. you have jack welch, what else is cooking? >> 7.8% unemployment. is this magic number of president obama for real or was it cooked? good evening, i'm larry kudlow. this is "the kudlow report." team obama doing a victory lap, rejoicing over the 7.8% victory lap. my guest, jack welch, is questioning whether the numbers were cooked to help president obama. mr. welch will respond live and talk to me in a moment. this whole thing comes as the romney roll continues. scott rasmussen has three polls showing a dead heat in battle ground states, hai, virginia, florida. even the liberal magazine "the new yorker" sees it on their front cover, mitt romney pulling a clint eastwood, debating an empty chair. first up, it was the tweet that was heard around the world. my good friend jack welch set off a social media firestorm. take a look at his tweet. "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers, end quote. he's chase by accusing the white house of skewing the data to help preside
CNBC
Oct 5, 2012 1:00pm EDT
right now. >>> 7.8% unemployment. did president obama just win next month's election? jack welch says hold your horses on that 7.8% number. he doesn't really believe it. an influential florida congressman agrees. we'll talk to that congressman live and ask him on what he bases his suspicions. >>> a place in the united states where gasoline has now become hard for drivers to find. you will find out why coming up on "power lunch." >>> meantime, let's go to sue at the new york stock exchange. sue? >> the markets have been up all day long. we're up about 60 points or so on the dow jones industrial average and the big reason of course is the number that we got this morning, falling unemployment. we are now below the 8% level for the first time in four years. the question is how did we get there? here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard
MSNBC
Oct 5, 2012 11:00am PDT
," but i don't get it. >> a much stronger reaction from former ge ceo jack welch who tweeted unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and from florida tea party congressman alan west. he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >> let's bring in our "news nation" political panel today. john harwood and zachary ca caribel. thank you, gentlemen, for joining me. john, i want to come to you first because i want to play what president obama and governor romney said just a short time ago reacting to the jobs reports. let me play those first, both of them. >> there were fewer new jobs created this month than last
FOX Business
Oct 5, 2012 11:00am EDT
chief jack welch on the record saying he thinks there are funny numbers at work here and it is tied to the president's for performance. connell: californians hoping you filled your gas tank yesterday because prices spiking overnight on the west coast. we will tell you about that. dagen: stocks every 15 minutes. nicole petallides at the stock exchange with some green. nicole: this is a day on wall street. we got the monthly jobs report which came as a complete surprise to everybody on wall street as we look at the dow jones industrials which are up 65 points but the dow has moved to levels we have not seen since december of 2007. highest level for the dow since 2007 and among the dow components so many of them are hitting 52 week highs. home depot and verizon and general of dr. kent walmart and pfizer and ibm, merck and 3 m. many viewers may own mutual funds. as traders digest this monthly jobs reports some are trying to make heads or tails of it. a shock on wall street but right now this market continues to move to the upside. connell: we should hear from the president on his reacti
FOX News
Oct 5, 2012 12:00pm PDT
.e.o. of general electric, jack welch, seemed to suggest that the job numbers were too good to be true. look at this tweet he sent out and i quote, "unbelievable jobs numbers. the chicago guys will do anything, can't debate? change the numbers." the labor secretary called the accusations ludicrous adding and i quote, "i'm insulting when i hear because we have a very professional civil service organization, these are hour best trained and most skilled individuals." jack welch will be the guest of neil cavuto on "your world" next hour. joining us is the author of "rebounders, how winners pivot from set back to success." good to see you. you don't think anyone is cooking the books? >>guest: i never would say this about jack welch, an accomplished business executive but the suggestion is silly. there are a lot of variation in the surveys. we heard about that a few moments ago. what is likely to happen in the next month or two, the numbers are too high or too low and the next set of numbers are revised. they start, the surveys, they come closer to together. there were oddities in the survey. but
FOX News
Oct 5, 2012 1:00pm PDT
. jack welch is here and only here. welcome, everyone, i am here no neil cavuto and this is "your world." the tweak that has everyone talking, jerk welch tweeting this moments after the release of the jobs report. these chicago guys will do anything. can't debate? change the numbers. the labor secretary calling the charge "ludicrous." jack welch. >>guest: i have been called worse than that by some. look, i have no idea where this number came from but you look at it and we added 600,000 jobs in the government sector in august and september which is the largest number we have had since the study has been done, 600,000 jobs. in september, household employment added 780,000 jobs. that's the highest since 1983. i have been reviewing bigs all week, some dozen businesses. no one is stronger than they were in the third quarter than in the 2nd quarter. we have been told there are needed 150,000 to 200,000 to stay even. the last two months we have gone from 83 to 81, and now we are changing the household number assumptions. i don't know what the right number is, but i will tell you these numbers
MSNBC
Oct 5, 2012 3:00pm PDT
chairman jack welch kicked off the conspiracy tweeting, quote, unbelievable job numbers. these chicago guys will do anything. can't debate so change numbers. and laura igraham says, job numbers from labor secretary hilda solis are total pro obama. congressman allen west challenged the numbers, quote, chicago style politics is at work here. and, of course, rush limbaugh took time to get unreal. >> it's no different than obama declaring the temperature is going to be 75 degrees every day no matter what your thermometer says. >> that's the problem with the right and that's the problem with governor romney. they can't stand the truth. things are getting better. joining me now is joan walsh, editor at large for salon.com and an msnbc political analyst. and e.j. dionne, columnist for "the washington post" and an msnbc contributor. joan, let me start with you. what's behind these conspiracy theories? >> they just don't want to accept the realities that the president has made things better, reverend al. i think you forgot one. rush, when hurricane ivan was -- rush accused president obama of messing
PBS
Oct 5, 2012 4:30pm PDT
remains before election day. and with such high stakes, former general electric c.e.o. jack welch stirred up controversy with this comment on twitter, accusing president obama's re-election campaign of essentially manipulating the report. - quote - unbelievable jobs numbers...these chicago guys will do anything..-end quote. the bureau of labor statistics is where the data comes from each month. it is a non-partisan government agency. meantime, the government red ink kept piling up in the late fiscal year. the federal government spent $1.1 trillion dollars more than it brought in according to the congressional budget office. that's the fourth straight year of trillion dollar plus deficits, but down from a year earlier. as for consumer i.o.u.'s, consumer credit grew at its fastest pace in three months.. expanding more than 8 percent in july.. to 2-point-7 trillion dollars over on wall street,t was a mixed day. the dogained 35...the nasd lost 13...the s&p is down a fraction. for the week.. the dow gained 1.3 percent. the nasdaq was up 6-tenths of a percent. the s- and-p added 1.4 percent thi
CNN
Oct 5, 2012 1:00pm PDT
two years in several decades during this recovery. >> you know, jack welch, the former ceo of ge, he tweeted this because he didn't believe these numbers. he tweeted "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers." now, there are others who are suggesting there was political influence over the bureau of labor statistics that are driving these numbers, trying to make the president look good only a few weeks before the election. you're familiar with the economists, the statisticians who work there. what do you say to these folks who see some conspirator yal involvement out there. >> that's totally, totally insane. i'm friend with jack welch and i tweeted him back. i said, jack, i love you, but on this one you've just flat out lost your mind. there's an ironclad firewall with criminal penalties for anybody at the bls to have any kind of political interference or to release any of the numbers early. it's totally impossible to do that. you've seen all the reputable republicans that have worked with the bureau of labor statistics in the past
CNBC
Oct 5, 2012 4:00pm EDT
also unexpectedly fell below 8% to 7.8. here's what the former general electric ceo jack welch tweeted. unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change the numbers. >> plus, arizona senator and former republican candidate john mccain saying this on cnbc earlier today. >> i question exactly what those numbers are. our discussion about the w.a.r.n. act that just took place where they're in blatant violation of the law. i wouldn't put anything past this administration. >> by the way, the w.a.r.n. act he refers to requires businesses to tell employees about potential layoffs 60 days in advance. here with reangction, former lar secretary elaine chow. thanks very much for joining us. you were the labor secretary. you had the national butreau of labor statistics under you. what do you think about this possibility of a conspiracy? >> when i was at the department of labor, i think the bureau of labor statistics was very professional. they did a very good job. i don't know what's happening now. i can't speak to that. but the fact that this administration h
MSNBC
Oct 5, 2012 8:00am PDT
here. business pioneer jack welch basically calls these numbers into question. had this remark that he tweeted out earlier today saying, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. what do you say to that? even the white house though right now this morning reluctant to spike the football on this. in their statement saying it is critical we continue the policies that are building an economy that works for the middle cla class as we dig our way out of a deep hole. what is your response to those questioning the validity? >> that's really interesting because i happened to see one of those chicago guys last night. i was with david axelrod. i asked him what do you expect about the jobs numbers? he says, i really don't know. we're hoping it will be good. so, you know, it doesn't surprise me that romney supporters are now going to take this very good news for the economy and for americans and say somehow the books were cooked. they just cannot stand, and they haven't been able to tolerate any good news about the economy, that somehow -- they
MSNBC
Oct 5, 2012 1:00pm PDT
did come down. unlike prominent conservative jack welch who tweeted this morning, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. okay. tuesday he was a ruthless race baiter. yesterday he was a feckless delivery boy. today he's don corleone, and there's more where that came from. congressman west, take it away. >> you are alleging specifically that the president is engaging in a cover-up of the data. you are saying that the administration is actively manipulating that data, correct? >> well, absolutely. >> good news is all this conspiracy may open up even more jobs. demand for the manufacture and sale of tin foil is increasing as we speak. essential material for all those tin hats. here in new york jonathan alter, a columnist for bloomberg view and democratic strategist julian epstein and john harwood, chief washington correspondent and political writer for "the new york times." julian, so, the bureau of labor statistics is now to be lumped in with false memory syndrome, satanic abuse, and the abduction of children byu fos in terms of
CNBC
Oct 5, 2012 9:00am EDT
this week, but we did get numbers mixed and consumer confidence is good and unemployment and yet, jack welch, the former ceo of general electric as you just mentioned on squawk out on twitter today. he's been obviously critical of the white house for years now, but he says unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. that's the former head of a very large company. >> i'm on tv, and i remember jack sent me a fax when i was first on with mark haynes. i like you. i love jack. i'm trying to reconcile jack with the numbers because i trust jack and think he's terrific. i come back and say listen, they've been wrong -- he's jack. i don't think that they're phony. it doesn't make me feel that jack is off the reservation so much that i think that this particular issue -- i disagree with him. i read the tweet and i was, darn, jack, come on, man. >> let's say good is good. >> does this mark the turning point and we had david come out this morning where he was establishing 1575 and that's quite an upside for 2013 particularly if he's standing by a year-
CNN
Oct 5, 2012 4:00pm PDT
honest tonight on the program. the tweet that launched a conspiracy, jack welch tweeted this morning about today's jobs nurl, quote, unbelievable jobs numbers. the chicago guys will do anything. it is a huge claim that of course set the political financial world abuzz. we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody stays tuned. our fifth story "outfront", gunk. american airlines now says messy passengers are to blame for seats that came loose an at least three recent flights. the airline claims spilled soda and coffee gunked up a seat locking mechanism over time. the incidents forced the airline to take 48 boeing 757 jets out of commission for repai
NBC
Oct 5, 2012 5:00pm EDT
more jobs. >> some critics question the better than expected hallstatt thread before the election. jack welch wrote, unbelievable jobs numbers. the chicago guys will do anything. can't debate? exchange members. others say that the data is credible and they stand by their work. >> i think the chance there is any intervention or political pressure is really zero. >> there is only one more jobs report could go, four days before voters cast their ballots. >> why did the unemployment rate dropped so much this month? >> if came down from 8.1 to 7.8. part of the reason is the number of people employed it jumped substantially and the number of jobs created back in july and august are much higher than the government had originally estimated. many of those recent job gains in of the health care and transportation sectors. >> you have to expect this could impact a presidential race. >> absolutely. of candidates responded, we expect them to continue to spend those numbers. no president has been reelected with the unemployment rate collected above 8%. coming under that barrier could improve the reel
CW
Oct 5, 2012 12:00pm CDT
was reunited with his owner. just ahead the scathing tweet from former g-e ceo jack welch about the obama administration and the latest jobs report. and later in lunchbreak. a healthy twist on fall comfort food. grilled lamb chops and a crisp asparagus salad. [ "don't you worry 'bout a thing" plays ] stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world and we do everything we can to be there for them when they need us. [car alarm blaring] call now and also ask about our 24/7 support and service. call... and lock in your rate for 12 months today. liberty mutual insurance. responsibility. what's your policy? a big surprise for wall street. the economy added 114,000 workers last month. th
ABC
Oct 5, 2012 6:30pm EDT
the books. even jack welch, the former ceo of ge went on twitter to accuse the president of changing the numbers. >> i tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: the labor department called the allegations ludicrous. we went directly to the place where it's all done. this vast government building, a couple of miles from the white house, houses the labor department's bureau of labor stay twist icks. the bls has been tabulating the rate for more than 70 years. all based on a survey conducted in person and over the phone of 60,000 households every month. and here is where the numbers get crunched. amid a sea of cubicles, inside of each one, an economist sworn to secrecy and working on a specific aspect of that employment survey. tom is in charge here. he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement. how much of a secret is that number before you put it out? you can't call me up and tell me -- >> i can't tell anyo
FOX News
Oct 5, 2012 10:00am PDT
not trust that number. :lou: what you do not want to do is pull a jack welch. he decided that this was a conspiracy of the chicago political thugs that run the country. megyn: unbelievable jobs numbers, these chicago guys will do anything. by the way, we have jack welch to explain that later on. :lou: that's exactly what you don't want to do. these numbers over the course of time, you should always be skeptical of those numbers. we should always be skeptical of anything government does. economic reporting is an inexact art and not always in science be one can i just ask your question? :lou: yes. megyn: unemployment is still very high. how are the american people doing? :lou: a sophisticated number, if you will, buried within the labor of statistics is the broadest measure of unemployment that is in the workforce, discouraged workers. that remains where it was last month, 14.9%. it is a sign that we are absolutely stuck where we have been. and that is a sincere shame. that means 23 million people remain in great pain and they are suffering as a result of an economy that is
CNBC
Oct 5, 2012 6:00pm EDT
is getting better. think of it. you know who says it's not getting better? jack welch. he'll tell me why in a moment. despite the rally since 2009, investors have yanked hundreds of billions of dollars out of the market. is there a lost generation of investors? can they come back in.
FOX Business
Oct 5, 2012 5:00pm EDT
employment surged 873,000, but payroll says only 114,000 people went back to work. even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. that is harsh criticism. here with me is economist peter morici. which also have gary burtless, senior fellow? [no audio. what do you think. what a difference between the two surveys. peter, start with you. >> the bls is not cooking the numbers. i believe that. they don't do such a thing. there a anomalies. household survey counts self-employed people. a lot of people established home based business. they have been dissipating savings. that doesn't mean they're fully employed. to have 800,000 jobs created that would be 6% gain in employment in one month. that would be 135% rate per year, or some big number like that. that's crazy. on a compounded basis in economy growing only 1 1/2% a year. that's just silly. my feeling it is a lot of folks, home based businesses. pick up a little more here and there but they're not really fully employe
FOX Business
Oct 5, 2012 6:00pm EDT
in the an employment rate on just 114,000 jobs growth in the month surprising to jack welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it. we saw 30 days ago the fed announced a open ended printing of money to get asset prices up, and they say 50 days before election, this one is a joke. if you noticed anything about this number, the estimates of job gains came in the exact amount it was supposed to which should have kept it at 8.2%. the estimates, somehow we got to 7.8%, and the use the most of tiles survey, the household survey. gerri: we will get to that. >> 400,000. gerri: can these numbers be sai's? >> i don't think they can. we have had rumors of bls massaging numbe
FOX News
Oct 5, 2012 2:00pm PDT
going on and on and let me just tell you jack welch comes out today and twittering, these are bogus numbers, made up numbers. this is just so political. >> okay. >> and then, more evidence that people don't want to believe reality and by the way, let me just tell you something. >> where-- >> juan-- hold on. >> the economy has been going on and on. and added jobs now for 30 straight months that's a trajectory. >> juan, is there any question in your mind that the department of labor, the national labor relations board partisan and ideological-- >> partisan-- >> no, they're not partisan and nobody who is in the business has ever said these are partisan people. these numbers would be coming out, let me ask you that, if it was so political why did these conspiracy-minded people wait till now, better if they did it several months ago. >> if the unemployment number is so important to jobs, to various campaigns, isn't it smart to have obama donors in as economists in the department of labor statistics? >> and let me tell you, there's no law against giving money. these are not major-- you're
FOX News
Oct 5, 2012 3:00pm PDT
-time or from their homes. some called it an anomaly and former ceo jack welch says these chicago guys will do anything, can't debate so change numbers. >> and who is participating, who's not working and who's tried to work, but dropped out. all of these things. it just raises the question, and i think there ought to be a good discussion how this number is calculated. >> labor secretary hilda so least angrily denied the unemployment figure was fudged calling the allegation offensive and republican challenger mitt romney said of the jobs number, this is not what a real recovery looks like. and romney was also campaigning in virginia, running mate paul ryan said of the number of jobs created said we shouldn't have to settle for this new normal. reprizing one of the convention themes that americans deserve better than mr. obama has delivered. critics seized on another line in mr. obama's virginia speech in which he denied believing in an entitlement society which he doesn't believe people are entitled to succeed. aides suggest the opposite. >> we don't believe that anybody is ensilenttitled to su
NBC
Oct 5, 2012 4:00pm EDT
conservatives accuse the obama administration of doctoring the jobs numbers. former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers." >> it's really ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivation saying the numbers are real. so, while romney launches tv ads promising to do better than president obama -- >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is still not enough to significantly lower the unemploit rate. the next jobs report comes out just four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >>> health officials across the country are bracing for more cases of infection from that fungal meningitis outbreak. today the virginia department of health says about 630 people received
NBC
Oct 5, 2012 6:00pm EDT
conservatives accuse the obama administration of doctoring the jobs number. former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers. >> it's ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivations a saying the numbers are real. while romney launches tv ad as promising to do better than president obama. >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is not enough to significantly lower the unemployment rate. the next jobs report comes out in four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >> our team coverage of the presidential election takes us to opposite cornerses of virginia. while governor romney was in coal country in abington, president obama was in fairfax. the president talked a
CNN
Oct 5, 2012 6:00am PDT
fell to below 8%? also jack welch, the former ge guy. >> yep. >> he's tweeting this morning and saying, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. i mean -- so is it possible the labor department is lying or has changed these numbers in some way? >> look, these numbers are often revised. usually when you have a vibrant growing jobs market a revision of 86,000 doesn't make any difference at all. you have much more jobs being created. we don't have that right now. in terms of why the two numbers are different, there are two different surveys the government does. hou household survey where they ask people wheer they're employed and a company survey where they ask companies how many people are employed. those are two different numbers. so that's why you have the number of jobs created or lost and the jobless rate. that's the technical data gathering reason. as for -- look, you'll hear conservatives say either they don't trust these numbers or they're going to say, look, 114,000 is the important number to look at here. that's not good en
MSNBC
Oct 5, 2012 3:00am PDT
are historically low. there is an uptick of 0.1%. these numbers don't add up. you said jack welch who has been called by many the ceo of the past quarter century, a guy we know very well. jack welch has an opinion on this. >> he has a tweet being widely retweeted. i read from jack's certified twitter account. unbelievable job numbers. these chicago guys will do anything. can't debate so change numbers. >> okay. >> that's quite a charge. >> by jack and mark barnicle, we know jack. he's nonpartisan. >> not going there. he said that with a wink, right? >> i don't know. >> jack? >> let me tell you something seriously. these numbers don't add up. they just don't. again, i've got no dog in the fight here as far as the numbers go. >> you want them to be good. >> we all want them to be good. my dad was unemployed. i always, you know, conservatives always get angry at me when i cheer good economic news. but mike these numbers don't add up. it doesn't make sense it would drop to 7.8% with a weak participation rate and anemic number of jobs added. >> look, i am totally unqualified to weave my way through
FOX News
Oct 5, 2012 4:00pm PDT
with the same message vote early. harris? >> harris: well, wendell, i know earlier former g.e. chairman jack welch was accusing the administration of cooking the books. he says he has no evidence of that but here is what he told fox news channel earlier. >> look, i don't know what the right number is, but i will tell you these numbers don't smell right when you think about where the economy is right now. >> harris: that's what he had to say. what about the white house? what's the response? >> the white house has no input in the jobless numbers. in fact, they didn't get the figures early. the labor department people who conduct the surveys are professionals, not political appointees. secretary says she is offended that people would suggest her department would fudge the figures. >> you know, i'm insulted when i hear that because we have a very professional, civil service organization where you have top, stop economists that work at the bls. they have been doing these calculations. >> she says it really shouldn't be surprising that after strong upward revisions of the job creation in july and
MSNBC
Oct 5, 2012 7:00am PDT
is important after these jobs numbers came out, jack welch tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so change the numbers. they are saying, rana, that these numbers were manipulated. >> that's nonsense. come on. >> if they were manipulated he would have boosted the manufacturing numbers. they were still down. these were mostly gains in health and education. i'm hopeful actually that the ticking down of the unemployment figure will make it a little easier to come to the kind of grand bargain we're going to need to come to after the election. as carl said, whoever is president will have to lay out a long, hard slog ahead and we need math that works. that means probably raising taxes or at least cutting some loopholes and making the tax code simpler, raising revenue, making some investments but maybe curbing entitlements. >> i want to bring in ralph nader, three-time presidential candidate and author of the new book called "the 17 solutions." always good to have you on the program. thanks for being here. mitt romney is painting himself as a defender
MSNBC
Oct 5, 2012 9:00am PDT
numbers. former chairman and ceo of ge jack welch tweeted -- welch was backed in his theorizing by master of the outlandish alan west who wrote -- this is orwellian to say the least and representative of saul au lin ski tactics from the book rules for radicals" a must read for all who want to know how the left strategize. what's that you say, a strengthening work force and recovering economy or wellien indeed. >> they want to slow the economy before the election and if you don't believe that -- >> that was a year and a half ago. >> i have a bridge i want to sell you in oakland. that's what the republicans and obstructionists in congress is about. >> joining us is cnbc's amman jabbers. you're the man with the answers. mitt romney is walking on stage and we'll have to go to him shortly but is it a good day for the american economy or not, tell us? >> it's definitely a good day. the auto sales number was good, consumer confidence up, but we had truthers, birthers and now we've got jobbers, these people who don't believe the government data here and to those people i would quote carl sagan an
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